
CAVA Revenue Surges 32% to $963.7M as Units Hit 367 Amid 13.4% Comps Growth
CAVA Group, Inc.Description
What this story covers
CAVA Group, Inc. reported 32% revenue growth to $963.7 million in fiscal 2024, driven by 58 net new restaurants reaching 367 total and 13.4% same-store sales increase. Restaurant margins expanded to 25.0%, adjusted EBITDA rose 71% to $126.2 million, with strong cash position of $366.1 million fueling expansion toward 1,000 units by 2032. Digital channels held at 36.4% of sales, CPG up 21%, amid competitive and operational risks.
Story snapshot
CompanyCAVA Group, Inc.
TickerCAVA
VariantStandard detailed
Duration13:44
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Services
Accession0001628280-25-007882
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